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Repurchases of Common Stock
−Removed: Subsequent to the end of the quarter, on October 20, 2021, we announced that our Board of Directors approved a stock repurchase program authorizing the repurchase of up to $30.0 million of our outstanding common stock from time to time on the open market or in privately negotiated transactions.
+Added: On October 20, 2021, the Company's Board of Directors approved a stock repurchase program authorizing the repurchase of up to $30.0 million of our outstanding common stock from time to time on the open market or in privately negotiated transactions.
The stock repurchase authorization is scheduled to expire on December 31, 2022.
+Added: Under this program, the Company repurchased 103,703 shares of common stock during the first quarter of 2022 at an average price of $49.35 per share.
+Added: The Company has repurchased a total of 203,703 shares at an average price of $46.90 per share under the program through March 31, 2022.
+Added: Subsequent to March 31, 2022, the Company repurchased 76,171 shares at an average price of $39.69 per share, resulting in a total amount of $12.6 million repurchased thus far with $17.4 million of remaining authority under the program.
+Added: The following table presents information with respect to purchases of the Company’s common stock made by or on behalf of the Company or any “affiliated purchaser,” as defined in Rule 10b-18(a)(3), during the first quarter 2022.
+Added: Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased As Part of Publicly Announced Programs Approximate Dollar Value Of Shares That May Yet Be Purchased Under The Program
+Added: January 1, 2022 - January 31, 2022 71,185 $ 49.32 71,185 $ 22,053
+Added: February 1, 2022 - February 28, 2022 28,815 50.22 28,815 20,605
+Added: March 1 2022 - March 31, 2022 3,703 43.02 3,703 20,446
+Added: Total 103,703 103,703
Limitations on the Payment of Dividend s
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